Investors' Soapbox AM

Apple Suppliers to Buy on Weakness

Sterne Agee suggests Skyworks, Avago, NXP and Micron Technology.

Apple reported softer December-quarter iPhone sales of 51 million versus consensus of 54 million, up 7% year-over-year and guided to a softer March quarter, raising some concerns.

But from the Supplier viewpoint, we would take a long-term view, especially with Apple (ticker: AAPL) noting: 1) iPhone is now available in only 16 cities and 300 cities by year-end 2014; 2) Apple sees China Mobile (CHL)...